Are we so naive to believe everything that is written on the website?

@zandi458 (27954)
Malaysia
December 2, 2010 8:34am CST
Many think that they have found goldmines on the internet when they stumbled upon money making sites that promises handsome return. Look at these flashy and catchy adverts that have dominated many sites online 'Double your money in 100 days!' 'Triple your capital in seven weeks - guaranteed!''Make money at home - no selling, no buying, no work required!' These are but few of the many well crafted adverts that have paralyzed people's mind and blinded them to jump and put thousands of dollars in the hope of getting good and fast returns of their investments. Sadly, that is the last they see of their money once they have invested online. These are but only the tips of the iceberg of the many ways of scamming that has become so popular in the cyber-world. I remember a couple of years back my sister's colleague sweet talk my mom into investing in a site called 'Swisscash'. It was a talk of the whole nation about this Swisscash who operated through the internet. Many have been dubbed into parting with their money because of the high return that this 'investment' company promised. Yes, they did pay out good returns initially and everyone was convinced that it was a legit site. Little do the investors know that the money in a Ponzi scheme was being recycled where the later investors are paying for the earlier entrants. And as long as there are new investors bringing in new money, the cycle will go on. Coming back to my mother's investment, yes, she invested a couple of thousands initially and within few weeks she earned double of her investment. She was so thrilled to make money without breaking much of a sweat. She doubled up in her second investment only to get zero return and her capital investment was also gone. She was swindled and so are the rest of the investors that could have invested millions of $. No one knows how many thousands of people have invested in Swisscash as the site totally vanished from the screen. The Government finally put a ban on all internet investment in our country. Unfortunately in our cyber age, nobody can control the internet and people are always on the lookout for opportunities online to enrich themselves without thinking logically.
3 people like this
18 responses
@RawBill1 (8542)
• Gold Coast, Australia
3 Dec 10
Yes Zandi, sadly many people pay money online for many things that they think will give them an easy return fast. The best advice to stick to is that if it seems like it is too good to be true, then it probably is not true. Good returns on investment either take time and lots of hard work or lots of capital to invest in the first place. The higher the return the higher the risk!
@zandi458 (27954)
• Malaysia
3 Dec 10
Some people just take in wholesale everything that is written on the get rich quick scheme website without thinking for a moment that anyone can write the words they read on screen because they are just writing it (and not actually doing it).
@RawBill1 (8542)
• Gold Coast, Australia
4 Dec 10
Yeah, that is right. You or I could write anything we wanted online and a lot of people would believe it!
@Lakota12 (42794)
• United States
3 Dec 10
I didnt get int ot ht one but anothr one and they haeve cauht the people that ran with thee money and I have been notified with all the court papers and eery hting I need to be one of the people maybe get some of my money back this has been yers and yers so it could take years for more to happen . I dont go for any big things any more and I was in that for 2 years thats what mad eya think it was all legal for you didnt comeinto the money real fast! no big promices about doubleing money and had to surff for it too
1 person likes this
@zandi458 (27954)
• Malaysia
3 Dec 10
Sorry to hear that you were caught in these internet scam too. Hopefully you'll get all your money back soon.
@Lakota12 (42794)
• United States
3 Dec 10
just waiting for the courts to do thier work. Probaly wont get back the money but I hope that they use thee people as examples of what hapens to scammers like this!
@kawalnarang (1095)
• Trinidad And Tobago
12 Dec 10
Next time double your money by simply folding it and putting it back in your pocket,,,SAFE AIN't?
1 person likes this
@zandi458 (27954)
• Malaysia
12 Dec 10
Money is for spending. Why keep so much money when you know you aren't going to bring it with you to the next world.
@wongchoiyee (6586)
• Malaysia
6 Dec 10
Everytime I encounter a new money making website, my eyes will get stuck to the page for 2 minute. I will read the info in it and think whether it is true or fake. However, I usually doubt and after that I usually move on to new website.
1 person likes this
@zandi458 (27954)
• Malaysia
10 Dec 10
It is good that you take time to analyze before jumping to invest.
@aerous (13475)
• Philippines
6 Dec 10
For me I am not believe in everything that written in the website. I am an idealistic person and I review first the content and do some investigation or making my own interpretation in which the articles going through... We are not naive...we are optimistic
1 person likes this
@zandi458 (27954)
• Malaysia
10 Dec 10
You sound to be an experienced person who is not easily swayed by words you read online.
@myfb2009 (8304)
• Malaysia
6 Dec 10
Hi Zandi, sometimes it is due to the greed which we have in our heart, that tends to create the trouble. We tends to get more interested with site that can offer higher rewards for our money. That's why, we prefer not to put our money into local banks, to earn a mere interest from our money. But, we prefer to take the risk and put our money into those sites which promising us higher interest based on our deposit. But unknown to us, most of these sites are doing Ponzi schemes, which intended to scammed unsuspected investors. The best way is, we must always think twice before decide to invest any of our money into any site, which promising very good return.
@zandi458 (27954)
• Malaysia
10 Dec 10
The operators of these sites also use greed as the motivating factor as they always say "Double your money in 100 days," If you notice, they did not say "Double your money in eight years." They did not say that because no one will be investing in the scheme that is too long and very few people are willing to wait that long to become rich.
@Sreekala (18795)
• India
3 Dec 10
Hello zandi, I am very cautious to share information in the net world. I will check many times and seek advises from people before I step into it. I don’t have any trust in the web world. I had the hesitation even at the time of open the paypal and that time the verification was done through credit card. I was confused much for giving details of credit card so I consulted an experienced person and getting the assurance from that person I moved on. In case of your mother, I can’t blame her as the website gathered her trust by doubling the money initially. As a human being everybody will thrilled for making the investment double without doing anything. I am sorry to know that she lost her hard earned money. This should be a lesson for all of us and thanks for sharing the same dear.
@zandi458 (27954)
• Malaysia
3 Dec 10
The internet investment schemes have caused a lot of miseries to many people but these scammers seem unperturbed. They continue their evil deeds online hoping to net in more new and innocent investors. But mom took it as something she lost in gambling at the clubs. So she doesn't suffer much pain. She sure know how to neutralize her emotions.
• Singapore
3 Dec 10
Indeed. There are a lot of traps in the vast world of internet these days and nobody will be able to completely eradicate them. I once came upon a post here about someone talking about a site which also promises high returns with some investment and sadly, that site that this particular Mylotter was talking about, was also another Ponzi scheme. Once that site reaches its goal, then it'll automatically close down. Now, this's the psychology. Scammers prey on the human's naive mind by using the so called 'law of attraction' by means of promised money and returns. Many people don't think logically and when they see the word 'money', their eyes twinkle and they then begin to act irrationally and there goes their money. So, in order not to be taken in by such scammers, we have to think twice, do extensive research so as to maintain an enjoyable online money making experience.
1 person likes this
@zandi458 (27954)
• Malaysia
3 Dec 10
These scammers must have done a thorough study how to take advantage of humans' naive minds. This is one of the off side of the internet as there is no legal court to prosecute wrongdoers. It is left to individual to use commonsense when investing online.
@ANTIQUELADY (36491)
• United States
2 Dec 10
It is a shame that people are still so naive to think that these things are for real. I'm always seeing in the paper where someone has been scammed. There's no such thing as an easy buck. I don't go to any sites much & that 's the main reason. I despise dishonest people but there is sure a bunch of them out there.
1 person likes this
@zandi458 (27954)
• Malaysia
3 Dec 10
Some people are so blind and so naive that they are willing to run into a burning building just because someone claimed that there is money inside?
@Hatley (159705)
• Garden Grove, California
2 Dec 10
hi zandi this discussion should be read and reread by all of us, specially those who believe the crpa that a housewife here in G arden Grove where i live makes 475 dollars a day on this site and I read all the grandiose blah blah and it even sort of appealed to me b ut I read down to the order form and it said our slashed in half price is only good til January, and the sentence only $ 98.99 dollars then I got a neat picture of this whole venture, you invest that money then you get to start sending out this same blather and for each ninney who falls for it you get so many dollars so all you sre selling is the same scam literature that lured you in or did not lure you in. well I did not and do not have that much on hand nor will I send that to these scam artists. for awhile I was thinking this looks really legitimate then the more I read the angrier I got. So I will stay here mylotting and doing mysurvey.com and enter Publishers Clearing House sweepstakes daily and maybe just maybe I might win. And probably I will not but its so much fun to dream big while dreaming.The odds are astronomical but its a lot of fun and does not cost a penny either. f
1 person likes this
• India
2 Dec 10
Beautiful and timely discussion zandi, i really like this Well all that glitters is not gold, there is a copper ore, that looks like gold.. Net is full of cheats, false promise makers, some get trapped by them, i tell you a story.. A professor friend of mine invested 100, 000 rupees in a site that assured 25% interest per month throgh bank accounts, it paid for 3 months, next vanished in this cyberspace.. Just think how can one give 25% per month? Thank you so much for sharing. Professor ‘Bhuwan’. . Cheers have a lucky day ahead. God bless you. Welcome always.
1 person likes this
@zandi458 (27954)
• Malaysia
3 Dec 10
Your friend's case isa great lesson for anybody not to trust investment schemes over the net as it has the highest risk even to those learned people. Remember they are intellectual people and they rely on the 'guarantees' and testimonies they read on screen and trusted that so much as they might have thought that it is legal and genuine without thinking the people behind it are a bunch of conmen who are cash hungry.
@kievan (27)
• United States
2 Dec 10
Wow well written. In short, the old saying that warns about something that seems to good to be true is very much true today. I have a more philosophical take on this. As long as people are attached to the IDEA of having a lot of money, they will trust and trust again in order to achieve their dream which is just an illusion. A lot of people forget that what really matters cannot be bought with money, if people really felt that, they wouldn't want to earn money in an easy way to begin with. So in this situation, when people give money to get back more money, both parties are to blame, and no party is to blame. I don't believe for a second that people get less happy when they are losing more, not that they get more happy when they gain a lot of money. It is an illusion that are brain is so addicted to.
@zandi458 (27954)
• Malaysia
2 Dec 10
Hi kievan, these victims of internet investment should blame no one but themselves. Had they not been greedy, they should have let their savings sleeping soundly in their banks and earn interest. No matter how small amount of interest their money earned but it is guaranteed that their money is safe and sound. Now they have been swayed by their greed, it is of course a bitter pill to swallow.
3 Dec 10
Scams have been with us right through history, the internet has simply provided another way for con men to reach their marks. It's up to the individual to protect him/herself, and you do that by keeping your brain in gear. There are some simple rules you can follow to protect yourself from these kind of schemes. First, as has already been pointed out, if it sounds too good to be true it probably is. If a website has lots of pictures of smiling people and keeps going on about how you're going to make thousands in no time at all, that puts me on my guard. Second, if I go through the whole front page of the website and I don't understand how the system is supposed to work, that's a clear signal not to get involved. You should never put time, energy and money into something you don't understand. Third, if they want payment, that's normally also a signal not to get involved. There are plenty of ways of making money on the internet without spending any money in advance - only small amounts, but you can save it up and eventually invest in your own business, so why invest in someone else's scheme, where you have no control?
• Philippines
3 Dec 10
Because of the financial crisis that everyone experiences you can't blame those people who took the internet bait. But of course we need to be vigilant in these kind of money making shananigans.
@zandi458 (27954)
• Malaysia
3 Dec 10
That is maybe one reason why people went for this internet investment. They need to find that 'extras' instead they ended up being victimized.
• Tokelau
2 Dec 10
used to be that naive, when i saw those so called survey sites, which were a scam, that promised 50$ per survey. thankfully, my brain worked at that time and i figured no one would pay 50$ just to know if.. the fruit was delicious or not. i'm sorry though for those who fall into the trap.. but they're kinda' asking for it. easy made money is never a good thing, and they're never without some strings attached
@zandi458 (27954)
• Malaysia
3 Dec 10
It will take some time before they realize the cyberworld is full of rubbish floating in the air. Probably not until they see no return of their money invested.
@ersmommy1 (12605)
• United States
2 Dec 10
Sad to say, but that is the way it is. The internet is full of false claims and scams. I;d say it falls under "buyer beware". Some people just leap and worry later.
@zandi458 (27954)
• Malaysia
3 Dec 10
Should remain alert all the time.
@sunnycool (12737)
• India
2 Dec 10
"One should only invest the amount he can afford to loose". It would only be a foolish statement if i say that there is no single person in this virtual world who makes huge money each and every month.It takes a lot of dedication for you to make thousands of dollars every month and few scum folks are making merry out of people's innocence by showing false proofs! As of me so called easy money doesn't exist ... "what i work for is what i get paid for" which isn't different from offline and online perspectives.great day.
@zandi458 (27954)
• Malaysia
3 Dec 10
Didn't you realize that those who invested have a common trait. They want a lot in exchange for a little. It is greed that keeps them putting more in their investment in the hope that they'll get more out of their investment. Greed does bring a serious disease. It drives common sense away from a person's brain. An investor loses all sense of logic though the signs are showing scams, fraud and everything bad, he doesn't want to see them. He refuses honest advice from friends for pointing out the obvious to him. He orchestrated his own financial disaster by being greedy and stubborn.
@jpso138 (7844)
• Philippines
2 Dec 10
We should always be vigilant in things like this. When someone promises something that is to good to be true, most likely its something that its not true. The thing is, in the internet, there are a lot of opportunities but there are also a lot of scams. The best thing is to start with something small so and so that whatever happens, you won't become a big loser.
@zandi458 (27954)
• Malaysia
3 Dec 10
It is better to seek for legit investment in the real world as it is safer and you know where to look for them if anything goes wrong.